RTTNews | Oct 27, 2021 05:13PM EDT

17:13 Wednesday, October 27, 2021 (RTTNews.com) - MKS Instruments Inc. (MKSI) reported a profit for its third quarter that advanced from the same period last year.

The company's earnings came in at $132.4 million, or $2.38 per share. This compares with $91.7 million, or $1.66 per share, in last year's third quarter.

Excluding items, MKS Instruments Inc. reported adjusted earnings of $155 million or $2.79 per share for the period.

Analysts had expected the company to earn $2.77 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 25.8% to $741.9 million from $589.8 million last year.

MKS Instruments Inc. earnings at a glance:

-Earnings (Q3): $155 Mln. vs. $107 Mln. last year.-EPS (Q3): $2.79 vs. $1.93 last year.-Analysts Estimate: $2.77-Revenue (Q3): $741.9 Mln vs. $589.8 Mln last year.

-Guidance:Next quarter EPS guidance: $2.85Next quarter revenue guidance: $760 Mln

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